Vantaggi
Free lunch up to $8. Education on how to hedge mortgage pipelines. Introduction to executing securities trades with. Exposure to mortgage capital markets. Matching 401k.
Svantaggi
Poor management from the top down. Desk managers have little training on how to manage employees. Extreme micromanagement of staff - time spent on client interaction, trading and ad hoc projects logged into tracking software. Business is way understaffed and employees are overworked. Salaries are not very competitive relative to the market and the jobs that are performed. No dental or vision benefits. Little upward mobility - minority partners all continue to perform the same menial tasks as "newbie" employees with little experience. Firm is extremely cheap with regards to travel accomodations and client entertainment. E.g. sharing AirBnB with multiple employees or even strangers when traveling, not reimbursing employees for dinner expenses, etc. Firm places very little value on employees, resulting in abnormally high turnover.